This guidebook is intended to help people with entrepreneurial ideas get accepted into a startup accelerator program, and to get the most value out of that program as a vehicle to speed up the success of their idea.But while it is not imperative, it is altogether desirable that every accelerator applicant should thoroughly understand the inner and outer workings of an accelerator program. With such knowledge at their command, the applicant can greatly improve their chances of acceptance, and be a master of the accelerator program when they are in one. The reader of this guidebook will also derive more pleasure and value during their participation in an accelerator program.Conceived in 2005, an accelerator is an intensive short-term entrepreneurial education program that also provides startup companies with various growth resources, such as mentorship and networking, for a defined period, usually three months.In the United States between 2005-2015 there were around 170 accelerators, and more than 5000 startups raised capital during or after the programs, with over $19.5 billion raised. Further, accelerator graduates that went on to raise additional venture capital investment had a median valuation of $15.6 million during this period, and an average valuation of $90 million.Accelerator Your Idea presents itself like a DisneyLand FastPass, getting you to the front of the accelerator application queue, so your entrepreneurial ride can begin sooner rather than later.
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